Skip to main content

About your Search

20121213
20121213
STATION
KCSM (PBS) 1
KRCB (PBS) 1
LANGUAGE
Search Results 0 to 5 of about 6 (some duplicates have been removed)
PBS
Dec 12, 2012 5:00pm PST
. this is against a background of slower economic recovery. opec expects demand for crude to rise as the dploe ball economy picks up. some analysts say opec could consider cutting output. heres a cck on markets. >>> nhk special coverage japan general election is a click away. we'll be adding features to our web and mobile sites. in-depth looks on what could define the campaign. get online and get informed >>> delegates from more than 100 countries noticed them as legitimate people. barack obama did the same thing a day earlier. the de the delegates met in morocco, the so-called friends of syria from the u.s., european union, and various arab countries. more than 50 opposition groups formed the coalition last month. the friends of syria say the organization is now the lawful government. should step down.bashar assad delegates did not state whether they would provide weapons to the coalition. some are concerned that those weapons could fall into the hands of radicals. a spokesperson said that they believe their allies will help arm them if the situation changes. the leaders of russia a
FOX Business
Dec 13, 2012 1:00pm EST
mean, you know, everything that opec does, every time we see unrest in the middle east, we see a spike in oil, does that mean more we're rousing here in the u.s. we won't be impacting by that as much? >> yeah. i mean the more domestic supply we have, the less we depend on opec ps of the world, no question. the problem we have as the world though, 92 million barrels a day roughly what the production is. that is about a million barrels a day of excess capacity. so any little flare-up in the middle east will impact world oil prices. ashley: so do you think we'll be energy independent anytime soon? we're almost there. >> yeah. i think by "20/20" -- 2020 we have legitimate chance between all the natural gas we're bringing on and oil we're bringing on, on energy equivalent basis we'll be independent. we'll be importing oil and exporting gas as lng, very good, interesting stuff. john shiller, chairman of energy defend one. john, thank you so much. we appreciate it. >> thank you for having us. tracy: you make a great point, saudi arabia will not be very happy about our quest for independence.
CNBC
Dec 12, 2012 11:00pm EST
that means is we won't be relying on opec oil imports by 2020. we're going to rely on canadian imports plus burgeoning u.s. production. that is a major major change in the united states energy picture. >> now mark, one of the things that i've learned from you is that the numbers that we often see are radically understated. the government will put out numbers. it seems like every time they put out numbers they're well behind. what is the disconnect between the numbers that we see officially and what's really going on in the oil patch? and why don't people realize how quickly this change is occurring? >> yes. the dynamic of the change is one that's easy to underestimate. in fact, eog has really underestimated the dynamic of the change. we've raised our production growth forecast for oil three times this year. and that's not because we've been coy with wall street. it's really because we've underappreciated the power of some of these plays. you mentioned earlier for example this eagle ford play, we think that just eog's net of oil discovered in the eagle ford is the biggest discovery of o
CNBC
Dec 13, 2012 6:00pm EST
opec. we need to provide it for energy security. many nations we buy oil from are anna l anathetical to the american way of democracy. we are fighting our enemies and it could end in the foreseeable future. but there is a second component that should have you steamed it had me steamed almost as much as my outrage at the fiscal cliff discussion in washington. i had to use the term fiscal cliff. hadn't used it yet in this piece. i'm talking about the skaunterred opportunity in natural gas. he was quite bullish in the price of oil. chinese keep it up. we have an umbrella that makes it worth our while to get hard to get oil. as plentiful as oil is, there is a gigantic glut for natural gas, and the opposite of oil, all papas talked. more nat gas than we know what to do with. we have no place to put it and not enough places to use it. and natural gas isn't fungible. it costs fortunes to transport overseas and barely economical when transported overseas. the best use is in this country. and we need to harness natural gas to make product more cheat here than anywhere else in the developed wo
CNBC
Dec 13, 2012 4:00am EST
opec secretary said he doesn't see any threat from u.s. shale product, this after the uae minister has suggested a response from the oil ministers in vienna. gary ross, welcome. >> nice to be here. >> the shale revolution in the u.s., is it a game changer as much as we're hearing from jamie dimon, arcelormittal? do you think this is going to make the u.s. energy independent, almost? >> well, we think it is. it's huge. we've statemented about 11110 billion pounds of recovery oil from shale crude. u.s. product will be going up overall, about a million barrels a day in 2013. about 65% of it will be shale crude. and it will continue to grow. >> people should understand we're not just talking about gas. we're talking about methods that's right.extract more oil. gas is clearly surplus. we're going to have l&g exports in the united states. we have a long-term growth phenomenon for natural gas. what people don't realize is how huge the oil is. when we talk about $110 billion of recovered oil, that's on 7.5% recovery rate. the resource itself is huge. it's not just the united states. it's a
Search Results 0 to 5 of about 6 (some duplicates have been removed)